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I need help answering e, f, and g. Everything else I answered correctly. Appreciate your help. Income statement and balance sheet data for Great Adventures,

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I need help answering e, f, and g. Everything else I answered correctly.

Appreciate your help.

Income statement and balance sheet data for Great Adventures, Inc., are provided below. GREAT ADVENTURES, INC. Income Statement For the year ended December 31, 2022 Net sales revenues $205,950 Interest revenue 520 Expenses: Cost of goods sold Operating expenses Depreciation expense Interest expense Income tax expense Total expenses $40,500 75,800 19,250 11,773 16,500 163,823 $ 42,647 Net income GREAT ADVENTURES, INC. Balance Sheets December 31, 2022 and 2021 2022 2021 Assets Current assets: $ 351,486 Cash $ 64,900 Accounts receivable 51,200 11,000 1,300 Inventory Other current assets 6,100 Long-term assets: Land 900,000 900,000 103, 200 (29, 250) $2, 288,936 Buildings Equipment Accumulated depreciation 60,000 (9,000) $122,000 Total assets Liabilities and Stockholders' Equity Current liabilities: Accounts payable Interest payable Income tax payable Other current liabilities Notes payable (current) Notes payable (long-term) Stockholders' equity: $ 3,600 24,800 1,750 16,500 33,000 88,424 844,565 950 14,400 34,000 Common stock 160,000 1,268,000 61,897 (210,000) 33,600 Paid-in capital Retained earnings 35,450 Treasury stock $122,000 $2, 288,936 Total liabilities and stockholders' equity As you can tell from the financial statements, 2022 was an especially busy year. Tony and Suzie were able to use the money received from borrowing and the issuance of stock to buy land and begin construction of cabins, dining facilities, ropes course, and the outdoor swimming pool. They even put in a baby pool to celebrate the birth of their first child. Required: 1. Calculate the following risk ratios for 2022. (Use 365 days in a year. Round your intermediate calculations and final answers to 1 decimal place.) * Answer is complete but not entirely correct. 8.0 O times Receivables turnover ratio. (Hint: Use net sales revenues for net credit sales) a. Average collection period. 45.6 O days b. 7.4 O times Inventory turnover ratio. C. 49.3 O days Average days in inventory. Current ratio. d. 9.6 X to 1 e. Acid-test ratio. (Hint: There are no current investments) 9.4 X to 1 f. 69.4 8 % Debt to equity ratio. g. 6.0 O times h. Times interest earned ratio

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